United States regulators yesterday struck down the proposal for the politically sensitive sale of the Chicago Stock Exchange to a group led by China-based investors, on the plea of a lack of information on the would-be buyers jeopardised the ability to properly monitor the exchange following the deal.
Trump brought the CHX deal up twice during the election campaign as an example of how jobs and wealth were leaving the United States.
Initially the staff at the SEC approved this sale of the exchange, which is privately owned, back in August, but within just minutes of making the announcement, commissioners from the SEC, led by Jay Clayton the chair and an appointee of Trump, put a hold on the decision for additional review.
USA lawmakers from both parties had harshly criticized the deal in joint letters to the SEC, arguing that it would give the Chinese government access to American financial markets and questioning the SEC's ability to regulate and monitor foreign owners.
Federal regulators move to block the proposed purchase of the Chicago Stock Exchange by a shadowy Chinese investor.
Brawl on 'cruise from hell' leaves 30 injured
In a press conference today, Carnival Australia President Sture Myrmell said authorities took swift action removing the offenders. One passenger, called Michael, says he was kicked while lying on the ground and suffering bruisins to his face, back and legs.
The exchange, which handles less than 1% of daily U.S. stock trading, was hoping the sale could be a springboard to a brighter future, attracting new listings and investments from China.
In a notice late Thursday, the Securities and Exchange Commission highlighted various concerns, including whether the deal would allow it to supervise the exchange properly.
The commission said it did not consider broader criticisms of the deal's potential impact on market security or whether Chongqing Casin had ties to the Chinese government.
"China, a Chinese company", Trump said in a debate in SC in early 2016.
The Chicago Stock Exchange did not immediately respond to a request for comment Thursday.
Mourinho hits out at 'lies' over reported Pogba row
Opposite number David Wagner is more likely to rest key players with his team in the thick of a relegation fight despite an impressive 4-1 win over Bournemouth.
The acquisition had previously been cleared by a USA panel that vets foreign deals for potential national security concerns.
The decision by the SEC comes during a time of increased trade tensions between the US and China. The regulator said this "raises significant doubts" that it would be able to monitor the exchange if the deal went through.
The exchange, founded in 1882, handles a very small portion of US trading.
CHX competes against the New York Stock Exchange and its three affiliated exchanges, all owned by Intercontinental Exchange Inc, and Nasdaq Inc and Cboe Global Markets Inc, both of which own four US stock exchanges.
CDC estimates this year's flu vaccine has been 36 percent effective
Other countries also are experiencing a bad flu season because of the vaccine's ineffectiveness against the H3N2 virus. Low rates of vaccine effectiveness have already been reported in Canada - 17 percent - and Australia, just 10 percent.